Flexible working practices in engine plants: evidence from the European automobile industry

A convergent development between European countries can be observed in terms of the extension of functional flexibility, enlarging production workers’ jobs, introducing teamwork arrangements. In the literature, the emphasis has traditionally been on divergence between countries, which was explained in terms of different management strategies and industrial relations systems.     

On Measuring Energy Poverty in Indian Households

The relationship between energy and poverty is obvious and goes both ways. Recognizing this, this paper provides a short overview of different approaches to measuring energy poverty. It then presents a novel two-dimensional measure of energy poverty and energy distribution that combines the elements of access to different energy types and quantity of energy consumed. An assessment of the extent of energy poverty and changes in energy distribution pattern are analyzed by applying this measure to Indian household survey data for 1983–2000. The analysis shows a significant reduction in the level of energy poverty and a rapidly developing subcontinent. The new measure is a good complement to conventional monetary measures and is general enough to be applied to other developing countries.     

Objectives, topics and methods in industrial organization during the nineties: Results from a survey

We conducted a survey among 114 experts on industrial organization regarding their opinions on the way markets work, on the proper role of competition and industrial policy, and on the methods which should be used to analyse industrial markets. The experts assessed the importance of research topics and methods during the last year and their probable development in the future. The sample appears to provide a valid representation of European experts, the response pattern does not seem to depend on the personal characteristics of the respondents.     

Doing good matters to consumers: the effectiveness of humane-oriented CSR appeals in cross-cultural standardized advertising campaigns

This investigation contributes to the advancement of international advertising theory by developing a model of cross-cultural consumer responses to humane-oriented corporate social responsibility (CSR) appeals in advertising and by testing it using structural equation modelling with data from six countries (Germany, Switzerland, Austria, France, USA, and Chile). The model includes ad-, advertiser-, product-, and behaviour-related variables.

Based on survey data from 924 subjects, the model received support in all six countries which suggests that humane orientation is a favourable cultural dimension for advertising purposes, even in countries in which humane orientation is less highly valued. The higher the perceived degree of humane orientation in an advertisement, the more positive was the evaluation of the ad, and the more likely subjects were to evaluate the advertiser as being socially responsible. These two variables positively influenced attitudes towards the product and, consequently, behavioural intentions. Some support was found for a moderating influence of country on the relationship between perception of humane orientation in the ad and the evaluation of that ad and on the relationship between perception of humane orientation in the ad and perceived degree of social responsibility of the advertiser. Implications for the use of humane-oriented CSR appeals in international advertising are discussed. Results suggest that international advertisers may pursue a standardized campaign in multiple markets when incorporating humane-oriented CSR appeals. Limitations and directions for further research are addressed.     

How does owners’ exposure to idiosyncratic risk influence the capital structure of private companies?

This paper identifies the owner's exposure to idiosyncratic risk as an important determinant of the demand for loans and the capital structure of private companies. The analysis is based on a sample of small and medium-sized companies from the United States. The exposure to idiosyncratic risk is approximated by the share of personal net worth invested in one company (SNWI). Exposure to idiosyncratic risk increases the cost of equity capital, since higher equity returns are required as compensation. This therefore makes bank financing more attractive. We find that SNWI increases both the demand for new bank loans and leverage substantially.     

Entrepreneurs from low-skilled immigrant groups in knowledge-intensive industries: company characteristics,survival and innovative performance

This paper analyzes how companies of immigrant entrepreneurs in knowledge-intensive industries differ from companies of native entrepreneurs with respect to start-up characteristics, company survival and innovative performance. I focus on immigrants from the “recruitment countries” of south and southeast Europe, who arrived in Germany mainly in the 1970s to fill labor shortages. They are the largest immigrant group in Germany and can be reliably identified via ethnic name coding. Companies owned exclusively by immigrants tend to be smaller and have higher exit rates. After controlling for size and other company characteristics, I find no differences in patenting activity compared to companies owned exclusively by natives.